Comcast Spent a Lot for Little in Merger Lobbying Blitz

TODAY: April 25, 2015 PUB DATE: April 25, 2015

By Shalini Ramachandran, Brody Mullins and Brent Kendall WASHINGTON-- Comcast Corp. Chief Executive Brian Roberts called Federal Communications Commission Chairman Tom Wheeler on Monday to lobby for his $45 billion deal with Time Warner Cable after rumors surfaced it was ...

S&P Downgrades Puerto Rico

TODAY: April 25, 2015 PUB DATE: April 25, 2015

By Josh Beckerman Standard & Poor's Ratings Services has downgraded Puerto Rico to CCC+ from B and placed the rating on CreditWatch with negative implications. The ratings firm attributed the downgrade to "our view that the commonwealth's market access prospects ...

Eurozone Finance Ministers Contemplate 'Plan B' for Greece

TODAY: April 25, 2015 PUB DATE: April 25, 2015

By Gabriele Steinhauser RIGA, Latvia--Some eurozone finance ministers on Saturday acknowledged for the first time that they are considering plans on what to do if no deal on Greece's future financing can be reached by the end of June. The ...

MetLife Could Take Page From GE, Analysts Say

TODAY: April 25, 2015 PUB DATE: April 25, 2015

(FROM THE WALL STREET JOURNAL 4/25/15) By Leslie Scism As General Electric Co. moves to get out of the banking business and refocus on its industrial operations, it also aims to rid itself of some regulatory headaches. According to analysts ...

Comcast Spent Big For Little Result

TODAY: April 25, 2015 PUB DATE: April 25, 2015

(FROM THE WALL STREET JOURNAL 4/25/15) By Shalini Ramachandran, Brody Mullins and Brent Kendall WASHINGTON -- Comcast Corp. Chief Executive Brian Roberts called Federal Communications Commission Chairman Tom Wheeler on Monday to lobby for his $45 billion deal with Time ...

Tech Advances Push Robots Into New Planting, Harvesting Roles

TODAY: April 25, 2015 PUB DATE: April 24, 2015

By Ilan Brat OXNARD, Calif.--A 14-arm, automated harvester recently wheeled through rows of strawberry plants here, illustrating an emerging solution to one of the produce industry's most pressing problems: a shortfall of farmhands. Harnessing high-powered computing, color sensors and small ...

Busted Deal a Black Eye for Comcast CEO Brian Roberts

TODAY: April 25, 2015 PUB DATE: April 24, 2015

By Joe Flint Brian Roberts' first instinct was right. When Time Warner Cable Inc. was the target of a hostile takeover by Charter Communications Inc., the company reached out to Comcast Corp. in search of a savior. Mr. Roberts, the ...

Busted Deal A Black Eye For Roberts

TODAY: April 25, 2015 PUB DATE: April 24, 2015

(FROM THE WALL STREET JOURNAL 4/24/15) By Joe Flint Brian Roberts' first instinct was right. When Time Warner Cable Inc. was the target of a hostile takeover by Charter Communications Inc., the company reached out to Comcast Corp. in search ...

America Movil 1Q Ebitda Down 3.1% -- Update

TODAY: April 25, 2015 PUB DATE: April 24, 2015

By Anthony Harrup MEXICO CITY--Mexican telecommunications company América Móvil said Thursday its net profit fell more than 40% in the first quarter as heavy exchange losses led to higher financial costs and regulatory measures in Mexico took a toll on ...

Oil Trades Near Year-High, Market Sentiment Still Bullish

TODAY: April 25, 2015 PUB DATE: April 24, 2015

By Eric Yep Crude-oil futures were trading slightly below the highest level for this year in Asian trade Friday, supported by bullish market sentiment and continued unrest in Yemen. On the New York Mercantile Exchange, light, sweet crude futures for ...

Hungary's MOL to Buy Ithaca Petroleum Norge for $60 Million

TODAY: April 25, 2015 PUB DATE: April 24, 2015

By Margit Feher BUDAPEST--Hungarian oil and gas company MOL Nyrt. (MOL.BU) has agreed with Ithaca Energy Inc. (IAE.T) to buy Ithaca Energy's subsidiary in Norway, Ithaca Petroleum Norge AS for an initial amount of $60 million, the two companies said ...

Comcast Kills Time Warner Cable Deal--5th Update

TODAY: April 25, 2015 PUB DATE: April 24, 2015

By Shalini Ramachandran Comcast Corp. on Friday terminated plans to acquire Time Warner Cable Inc., as increasing pressure from regulators prompted the end of the $45.2 billion deal. "Today, we move on. Of course, we would have liked to bring ...

Dollar Slumps Against Euro on Weak U.S. Housing Numbers

TODAY: April 25, 2015 PUB DATE: April 24, 2015

By Josie Cox The U.S. dollar slumped to a more than two-week low against the euro Friday, pressured by some weak U.S. housing markets numbers out Thursday, and fears that more downbeat data later in this session could knock investors' ...

Dollar Slumps Against Euro to Two-Week Low -- Update

TODAY: April 25, 2015 PUB DATE: April 24, 2015

By Josie Cox The U.S. dollar slumped to a more than two-week low against the euro Friday, pressured by some weak U.S. housing markets numbers out Thursday, and fears that more downbeat data later in this session could knock investors' ...

Chinese Province Jiangsu Delays Bond Sale

TODAY: April 25, 2015 PUB DATE: April 24, 2015

BEIJING--A Chinese province delayed a plan to issue new bonds to help repay old debt, in a setback for a new program intended to help heavily indebted local governments. An official of the eastern province of Jiangsu said the proposed ...

Yara Chief Executive Favors Libya Plant Shutdown

TODAY: April 25, 2015 PUB DATE: April 24, 2015

By Kjetil Malkenes Hovland OSLO--Torgeir Kvidal, chief executive officer of Yara International ASA (YAR.OS), said Friday that the company favored a controlled shutdown of the Lifeco fertilizer joint venture in Libya, amid deteriorating security and a lack of natural gas ...

American Airlines Earnings Nearly Double

TODAY: April 25, 2015 PUB DATE: April 24, 2015

American Airlines Group Inc. said Friday that its first-quarter earnings nearly doubled as the company continues to benefit from low fuel prices. However, it added that the strong dollar, competitive capacity growth, and economic softness in Latin America pulled down ...